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Property profile & analytics
OFF-MARKET
Estimated value
$1,035,000
Office buildings
1 Maryland Ave, Gaithersburg, MD 20877-2757
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US40-1129980
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1982
Construction
BRICK
Total area
5,456 SF
Lot
0.26 ac (11,520 SF)
Zoning code
C1
APN
09-00842176
UPID
US40-1129980
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
1 MD Computers Computer & Electronic Repair
-
H&M Cosmetic Family Dentistry Dental Office
-
H&M Cosmetic Family Dentistry / Clinica Dental Hispana & Dental Laboratories - Gaithersburg Dental Office
-
Dafenny's Dominican Style Hair Salon Hair Salon
-
Panadería Latina Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.10M
Comparable Approach
Comparable
$992k
Blend (final)
Blend
$1.04M
Owner & transaction history
Mollinedos Properties LLC · 7 yrs held
Mollinedos Properties LLC
since 2019
6 recorded transactions
Zoning & alternative use
C1 · Gaithersburg, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$1.7M
+27.0%
Commercial (general)
$1.7M
+22.7%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Gaithersburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gaithersburg submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,185,000
6.5%
$1,095,000
7%
$1,015,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,345,000
Current use
WAREHOUSE, STORAGE
$1,710,000
Change: +27% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,650,000
Change: +23% · Conversion: Easy
Blend value · Realmo final
$1.04M
Range $932k – $1.14M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$190 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$11,381
Tax year 2022
Assessed value
$834,300
Assessed 2023
Previous assessed
$825,733
+1.0% YoY
Effective rate
1.36%
On assessed value
Assessed land
$267,000
Assessed improvement
$567,300
Land market value
$267,000
Improvement market value
$567,300
Total market value
$834,300
Applied tax rate
13.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1982
Construction
BRICK
Heating
YES
Cooling
YES
Stories
2
Units
1
Total area
5,456 SF
Lot
0.26 ac (11,520 SF)
Zoning code
C1
APN
09-00842176
UPID
US40-1129980
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
C1 · Gaithersburg, MD
Zoning C1 · permitted uses
C1 · Gaithersburg, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gaithersburg. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.3M
WAREHOUSE, STORAGE
Est. value
$1.7M
COMMERCIAL (GENERAL)
Est. value
$1.7M
OFFICE BUILDING Current
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1982
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
2
Units
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
Mollinedos Properties LLC
Entity
Mailing address
4712 RAMS HEAD CT, ROCKVILLE, MD 20853-1142
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 18, 2019
$850,000
Mollinedos Properties LLC
1 Maryland Avenue INC
Grant Deed
$750,000 · 1 Maryland Avenue INC
Sep 23, 1997
$315,000
1 Maryland Avenue INC
Peoples Security Life Insuranc
Grant Deed
$252,000 · Sandy Spring National Bank Md
—
—
1 Maryland Avenue INC
—
Deed Of Trust
related
$1,000,000 · Revere Bk
—
—
One Maryland Avenue INC
—
Deed Of Trust
related
$150,000 · Bank Of America
—
—
1 Maryland Avenue INC
—
Deed Of Trust
related
$75,000 · Sandy Spring Bank
—
—
1 Maryland Avenue INC
—
Deed Of Trust
related
$20,000 · Sandy Spring Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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